Before Li Xuan left The Peninsula Hotel, there was another episode, Michael Kadoorie, chairman of the board of directors of the Grand Hotel Group, who was working at the Peninsula Hotel, heard that Jiahua Bank was holding a celebration banquet, and he also rushed over to congratulate him.

Many secrets cannot be kept, and the Kadoorie family suffered one of the worst crises in its history last year, when two of the family's core assets, CLP Power China Power and Grand Hotel Group, were attacked at the same time, and the mastermind behind all this was Li Xuan.

As the turmoil passed, the Kadoorie family was cut off a large piece of fat by Liu Nguyen Hung, but finally retained control of the Grand Hotel Group. After this crisis, the Kadoorie family has been fully replaced by the older generation of the Kadoorie family, and the 50-year-old Michael Kadoorie has become the new head of the Kadoorie family.

It stands to reason that his family was beaten hard for no reason, and Michael Kadoorie should hate Li Xuan, the real murderer. But taking advantage of the opportunity of Jiahua Bank's banquet held at the Peninsula Hotel, Michael took the initiative to come to the door to greet Li Xuan, and there was no trace of hostility in the warm smile on his face.

I have to say that the new head of the Kadoorie family is an extremely powerful businessman. He is well aware that shopping mall competition has always been the law of the jungle, and the losers will only be eliminated, not sympathized. The disparity in strength between the Kadoorie family and the Eastern Bloc was so great that they had no chance to resist at all. If they don't swallow the bitter fruit in silence, but instead show their dissatisfaction with Li Xuan and the Eastern Bloc, it is very likely that they will attract a bigger blow!

The Peninsula Hotel, for example, is one of the most famous high-end hotels in Hong Kong, not only because of its long history and strategic location, but also because of the willingness of celebrities from all walks of life. For example, many celebrities in Hong Kong are willing to come here for afternoon tea, and many wealthy people have private rooms in hotels all year round.

But since Grand Hotel Group suffered a takeover crisis last year, The Peninsula's occupancy rate has dropped significantly. Even The Peninsula's most famous café seems to be no longer the go-to choice for movie stars and Hong Kong city ladies to spend their afternoons.

The reason for this is not that the service level of The Peninsula Hotel has declined, although the capital market for control of the listed company was in full swing, but the operation of physical enterprises, including The Peninsula Hotel, has not been affected much.

The real reason for the decline in the performance of The Peninsula Hotel was that there was a rumor in Hong Kong society at that time that Li Xuan was very dissatisfied with the Kadoorie family for some reason and wanted to give them some color. Therefore, many big bosses who have business dealings with the Oriental Group, as well as celebrities who have cooperated with the Asian Entertainment Group, take the initiative to keep their distance from The Peninsula Hotel in the spirit of believing it rather than believing it!

Michael Kadoorie was also very puzzled and angry when he first learned that the person targeting his family was the famous "God of Wealth", Lee. After all, neither the Grand Hotel Group nor the China Power Company have much to do with the main business of the Oriental Group.

Later, after a deeper understanding, he found that the other party was just trying to kill chickens and monkeys. And when the Kadoorie family was unlucky, they happened to be selected by Li Xuan to be the "chicken" that was killed, and they couldn't help but feel a little sad!

But whatever Michael Kadoorie thinks, if the hotel group wants to gain a foothold in Hong Kong, it must build a good relationship with the increasingly powerful Eastern Group. So when he heard that Jiahua Bank was going to choose a hotel for a business dinner, he deliberately took the initiative to ask The Peninsula Hotel to fight for it. When he received a call from the hotel manager that Li Xuan was attending the banquet in person at the Peninsula Hotel, Michael Kadoorie, who had already returned home, immediately took a car back to the Peninsula Hotel, creating a chance encounter with Li Xuan.

Compared with the scheming Michael Kadoorie, Li Xuan does not pay so much attention to the other party. In fact, after he instigated Li Jiacheng and Liu Nguyen Hung to attack the Kadoorie family, he completely put the matter aside. It wasn't until the dust settled on the acquisition war that his secretary mentioned the final result to him that he couldn't help but sigh that the old business family should not be underestimated!

That's right, in Li Xuan's view, Li Jiacheng's entry into the CLP Company was almost 100 percent of a thing, and in the end, he failed to do his best! At that time, the Kadoorie family saw that they could not compete with Li Jiacheng in terms of financial resources, but they did not rest on their laurels, but chose to fight in a roundabout way. First of all, he questioned through public opinion that CLP and HK Electric would fall into the hands of Li Ka-shing, which would cause Li Ka-shing's absolute monopoly on Hong Kong's electricity, which would be detrimental to the interests of the people of Hong Kong.

Secondly, in the face of Li Ka-shing, a barbarian who is ready to break into the door by force, the Kadoorie family has found a white knight who is willing to save the scene. Just when Li Jiacheng's stake in CLP was about to exceed 50% and complete its absolute control of the listed company, the Kadoorie family preemptively announced the transfer of 15% of the equity to Zhongxintaifu Group.

Li Xuan could not have been able to buy Zhongxintaifu when he acquired Ganglong before, but in the eyes of most Hong Kong people, the Chinese-funded groups in Hong Kong, such as the China Merchants Bureau, Hong Kong China Travel Service, Hong Kong Bank of China, and Huarun, can represent the will of the central government in the north to a certain extent. Therefore, when Hua-run went to the New Territories to acquire land in the late 70s, it was immediately interpreted by Hong Kong public opinion as China acquiescing to the continued British rule of Hong Kong after the 9-7s.

The sudden intervention of CITIC Pacific also caught Li Jiacheng a little off guard, and made the battle for control of CLP even more confusing.

In fact, the relationship between the Kadoorie family and the Chinese side has always been very good, and just when British-funded enterprises such as Jardine Matheson and HSBC were preparing to fade out of Hong Kong, the China Power Company under the control of the Kadoorie family went the opposite way and chose to take the initiative to go north to build a joint venture with the government of eastern Guangdong Province to build the Da-Yawan nuclear power station.

Now that the Daya Bay Nuclear Power Station is under intense construction, the Chinese side certainly does not want the dispute over CLP's equity to affect the progress of this important project. Therefore, CITIC Tai-Fu entered the game at this time, so that Li Jiacheng had to consider the meaning of the mainland government.

In the end, the outcome of the battle for CLP was that Li Jiacheng held 35% of the shares and joined the board of directors of CLP as a major shareholder. CITIC Pacific holds 25% of the shares, becoming the second shareholder of CLP Power. As for the Kadoorie family, it retains only 15% of the shares, but continues to retain the right to operate CLP as a third shareholder. At the same time, the Kadoorie family and CITIC Pacific have also made a commitment not to challenge Li Jiacheng's position as a major shareholder!

It can be said that under the mediation of Zhongxintai-Fu, Li Jiacheng was forgiving and forgiving, not only did he not wipe out the Kadoorie family, but even the management rights of CLP Company were generously left to the other party.

In this comparison, Li Xuan, who secretly provokes trouble, is the number one villain in this big drama! It can only be said that Li Xuan, Li Jiacheng, Kadoorie and other old foxes are still a lot worse than business skills!

But Li Xuan doesn't need these twists and turns, because in the face of absolute strength, all tricks will only be useless!

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